state laws at your finger tips
in concise, plain language
Legislation watch

2014 House Bill 5575: Detroit bankruptcy settlement and grant package - funding details

Public Act 187 of 2014

Introduced by Rep. Fred Durhal, III (D) on May 8, 2014 To create a "Michigan settlement administration authority” to manage the $194.8 million state grant (“bailout”) proposed by House Bill 5574 that would go toward a Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and state grant.   Official Text and Analysis.
Referred to the House Detroit's Recovery and Michigan's Future Committee on May 8, 2014
Reported in the House on May 21, 2014 With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered in the House on May 22, 2014
The substitute passed by voice vote in the House on May 22, 2014
Amendment offered by Rep. Thomas Stallworth, III (D) on May 22, 2014 To revise details in a way that gives the administration more discretion in allocating the Detroit grant fund source.
The amendment passed by voice vote in the House on May 22, 2014
Passed 75 to 35 in the House on May 22, 2014 (same description)
To create a "Michigan settlement administration authority” to manage the $194.8 million state grant (“bailout”) proposed by House Bill 5574 that would go toward a Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and state grant.
Received in the Senate on May 27, 2014
Referred to the Senate Government Operations Committee on May 27, 2014
Reported in the Senate on June 3, 2014 With the recommendation that the bill pass.
Passed 21 to 17 in the Senate on June 3, 2014 (same description)
To create a "Michigan settlement administration authority” to manage the $194.8 million state grant (“bailout”) proposed by House Bill 5574 that would go toward a Detroit bankruptcy settlement. This is part of a legislative package consisting of House Bills 5566 to 5575 that are related to the Detroit bankruptcy and state grant.
Signed by Gov. Rick Snyder on June 19, 2014

Comments